Maryland Real Estate Agent Blog

Timonium Home Sales November 2013

Published: December 13, 2013

Timonium Home Sales November 2013

Timonium home sales in November 2013 were down a great amount from last November.

The total volume of Timonium houses that sold in November was $13,075,575, which is down 37.76% from November 2012, where we saw $21,009,298 sell. It is also a drop from Timonium Home Sales October 2013, where we saw $15,609,300 change hands.

November tends to be a busy months for settlements, and I had mentioned before that I had noticed a drop in sales — and this shows just that.

Only 36 Timonium homes sold in November, while November 2012 had 58 homes sell.

Average sales price for these Timonium homes that sold was about the same as last year at this time, $363,210 vs $362,229 last November.

It took an average of 60 days for a house in Timonium to receive an acceptable contract, which is down slightly from the 68 days it took for homes that settled November 2012.

Nine Timonium homes sold within the first 10 days on the market, one the day it came on the market. Another six Timonium homes sold in less than 30 days.

Forty-eight homes entered the Timonium real estate market in November, while 41 homes received acceptable contracts. There were a total of 131 Timonium homes for sale in November.

Please keep in mind that this is a very general overview of Timonium and Lutherville home sales for November 2013.

The Lutherville-Timonium zip code of 21093 has a large variation in both home types and neighborhoods. Homes in Timonium range from condos to small and large townhouses, small single family homes to very large detached homes.

Please contact me for more information about your Timonium house value. I would be so pleased to help!